Path 1Planning

You are committed and motivated to take your new idea
and create a business, but are unsure on where to go...

Navigating through the processes can be overwhelming. the CMURC can guide you through the essential steps that create success. We can help you establish networks, make connections and solve issues in a systemized process to help you reach your potential for successful business ventures.

Creating an attractive Business Concept, building a team around the Organization, taking care of your Customer, and developing the pieces of the Operations are all critical components that will challenge you in every phase of your business life cycle.

startups willfail this year.

Path 1Concept

A business needs more than just a good idea to be successful.

A business needs more than just a good idea to be successful. During the start-up phases of your company, you will need to think through the viability and the growth potential of your business idea. This is when you need to focus on who your customer is, how much they are willing to pay for your product, and how your product or service compares to what is currently on the market. This area is where you will spend the majority of your time in the early stages of your company development.

Not sure where to start?

CMURC will help you develop your idea and ensure that it aligns with your goals and objectives.

Not sure where to start?

CMURC can assist you with a market analysis to identify your customers and target markets.

Not sure where to start?

Who doesn’t? CMURC is prepared to create a plan that will yield the best opportunity for you to make money.

Path 1Organization

Components of a solid foundation.

You may only have an idea at this point, but you will soon need to figure out what legal structure best suits your business idea. In this stage, you’ll want to make sure you think through the different components you’ll need to build a solid foundation. There may even be an existing company with which you may build a strategic partnership that would be advantageous to you and to the other company.

In the early stages of your company development you will be focused on making your business legal, filing the correct forms and surrounding yourself with the right people to help make your venture a success!

Ready to form your company, but have questions about what legal structure is best for you?

Do you know what organizational structure makes the most sense for you?

CMURC can assist in assessing your skill sets, which will help you create an organization that will yield the best results.

Wondering what relationships can lead to potential future customers?

CMURC’s connections run deep and we are prepared to reveal the options and possibilities that exist.

Thereis onlyone boss.

TheCustomer.

Path 1Customer

Know thy customer.

Now that you have a potential business idea, it is key that you step back and think about who will be your future customer. You will also need to think about how you will focus your communication to them. Now is a perfect time to begin forming relationships and strengthening your network. You may only have a few minutes to sell your idea so it is important that you know how best to do that within a short amount of time.

Do you know the buying habits of your customer?

CMURC can help with research to inform you on data-driven decisions versus a guess.

Can you effectively communicate the value of your company?

CMURC can assist you in the development of your sales pitch.

Do you know how to reach the people who make purchasing decisions?

CMURC is prepared to show you how to connect with potential customers.

Path 1Operations

The heart of a business.

In the early stages of developing your business you will need to start investigating all of the pieces that might exist in the supply chain and the industry around your idea. Once you have all of the pieces in the chain, you can start to get an idea of what costs are associated, from design all the way to the consumer. In every stage of your business you are going to be looking at financials, forecasting and determining possible funding sources to assist in your business development.

Do you know how much it will cost to manufacture your product?

CMURC can help you recognize the various components of production in the industry and how they relate financially.

How do you make sure you have thought about the different items for which you must budget?

CMU RC can assist with your financial analysis to ensure your idea has the potential to be a viable business.

Are you aware of the funding options that exist for your company in this early stage?